Friday, March 2, 2012

AOL TO OFFER PREPAID, PARENT-CONTROLLED VISA CASH CARD.(Brief Article)

When America Online Inc. later this summer rolls out AOL 9.0 Optimized, the latest software that supports AOL and AOL for Broadband services, the online-content provider will offer a free Visa-branded prepaid card designed for teenagers that parents can control and monitor. The card is called the AOL Cash Card and is based on the Visa Buxx platform. "Some of the controls are passive in that parents can get information on what the teen has done with the card," says William Bradford, AOL executive director of commerce and transacting products. "Others are active in that parents can determine how much the teen can spend and how much can be in the account." Parents must order the …

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